NASDAQ$WT

WisdomTree Investments Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

WisdomTree Investments Inc. reported mixed results for Q3 2024, with record AUM but a net loss impacted by a loss on debt extinguishment and a settlement.

WisdomTree Investments Inc. announced its Q3 2024 results, featuring a record AUM of $112.6 billion, which is a 2.6% increase from the prior quarter. The company reported a net loss of $4.5 million, impacted by a loss on extinguishment of convertible notes and a civil money penalty. Adjusted earnings per share was $0.18. Operating revenues increased by 5.7% from the prior quarter.

  • AUM reached a record $112.6 billion, up 2.6% from the previous quarter.
  • Net outflows were $2.4 billion, driven by international equity, fixed income, and commodity products.
  • Operating revenues increased by 5.7% from the prior quarter due to higher average AUM and recognition of other revenue.
  • The company completed a private offering of $345.0 million in aggregate principal amount of 2029 Notes.

Headline financials

Total Revenue

$113M

Previous: $90.4M+25.2%
EPS

-$0.13

Previous: $0.10-230.0%
Ending AUM

$113B

Previous: $93.7B+20.2%
Average Advisory Fee

0.4%

Previous: 0.4%+2.8%
Operating Income Margin

36.0%

No prior period
Capital Expenditures

-$128K

Previous: -$93K-37.6%
Free Cash Flow

-$4.61M

Previous: $12.9M-135.8%
Net Income

-$4.49M

Previous: $13M-134.5%
Operating Income

$40.8M

Previous: $26.7M+52.8%
Gross Profit

$3.66M

Previous: $88.6M-95.9%
Cash & Equivalents

$93.5M

Previous: $89.5M+4.5%
Total Assets

$1.02B

Previous: $952M+7.1%
Stock-Based Comp

$5.2M

Previous: $3.92M+32.7%

Revenue & EPS history

WisdomTree Investments Inc · Revenue · Quarterly

$113M

Q3 2024+25.2%vs Q3 2023
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Revenue by segment

WisdomTree Investments Inc · $70.6M total across 1 segment · Q3 2022

  • Advisory Fees
    $70.6M-7.6%

Forward guidance

No specific forward guidance was provided in the current report.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

-0.9%

Avg return

Earnings day

-0.5%

Avg return

5 days after

+0.9%

Avg return

30 days after

44%

17 / 39 earnings

Positive

+9.0%

Q3 2018

Best reaction

-12.3%

Q4 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.3%+12.1%+11.5%
Q4 2025-2.1%-1.9%+3.4%
Q3 2025-0.8%-2.2%-10.4%
Q1 2025+4.6%+6.3%+8.1%
Q4 2024-0.3%-1.0%-7.1%
Q3 2024+0.9%-0.7%+15.6%
Q2 2024+6.4%+9.3%-6.3%
Q1 2024-1.4%+2.1%+12.8%
Q4 2023+0.7%+1.9%+18.9%
Q3 2023-5.5%-4.6%+0.5%
Q2 2023-3.3%-5.3%+0.3%
Q1 2023+1.3%+2.1%+11.0%
Q4 2022-1.4%-0.5%+0.8%
Q3 2022+0.9%-1.1%-2.4%
Q2 2022-1.7%+3.2%-4.9%
Q1 2022-4.4%-3.8%-0.7%
Q4 2021-1.8%-1.6%+1.1%
Q3 2021+4.1%+9.3%+1.5%
Q2 2021-0.6%+3.2%+2.1%
Q1 2021+1.0%+4.2%-0.3%
Q4 2020-2.6%+0.5%-3.3%
Q3 2020+1.4%+5.0%+21.7%
Q2 2020+1.4%+5.4%+9.0%
Q1 2020-5.9%-10.2%-7.7%
Q4 2019+1.2%+7.2%-2.4%
Q3 2019+8.2%+6.4%+0.8%
Q2 2019+0.2%-1.7%-21.2%
Q1 2019-2.6%-8.3%-19.8%
Q4 2018-10.1%-7.8%+19.3%
Q3 2018+9.0%+12.4%+7.2%
Q2 2018+1.3%-12.9%-13.1%
Q1 2018+5.4%+10.5%+14.0%
Q4 2017-7.4%-11.0%-16.5%
Q3 2017+2.5%+1.2%-1.1%
Q2 2017-2.7%-2.3%-11.7%
Q1 2017-0.2%-1.0%+13.0%
Q4 2016-12.3%-14.7%-9.7%
Q3 2016-7.5%-14.8%+12.8%
Q2 2016-10.7%-12.5%-11.0%
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q1 2012
Q4 2011
Q4 2009
Q2 2011
Q3 2010
Q4 2010
Q2 2010
Q3 2011

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